Nomura Securities Maintains a 'Buy' on Limited Brands (LTD); Q2 Beat

Nomura Securities maintains a 'Buy' on Limited Brands (NYSE: LTD).

Nomura analyst, Paul Lejuez, says, "2Q beat and August started strong. LTD remains a top pick in our group. LTD reported 2Q EPS of $0.48 (ex-items) versus our estimate of $0.47, consensus of $0.45 and management's updated guidance of $0.44-$0.46 (well above initial guidance of $0.38-$0.43). We now expect Aug comps +hsd vs previous guidance +lsd. We believe 3Q guidance is very conservative, especially considering the strong start to August. The stock trades at 11.2x our F12 EPS, a discount vs the group at 14.9x."

For more ratings news on Limited Brands click here and for the rating history of Limited Brands click here.

Shares of Limited Brands closed at $34.34 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Nomura/Instinet Upgrades Genting Singapore (GENS:SP) (GIGNY) to Neutral
• New Street Research Upgrades Micron Technology (MU) to Buy
• Piper Sandler Reiterates Overweight Rating on Estee Lauder (EL), 'F4Q26 Preview'